SunEdison Announces 2 Gigawatt Renewable Energy Memorandum of Understanding in Tamil Nadu, India
CHENNAI, India, Sept. 9, 2015 /PRNewswire/ -- SunEdison, Inc., the largest global renewable energy development company, today announced that it has signed a memorandum of understanding with the Tamil Nadu state government to develop 2 gigawatts of wind and solar power in the state in the next 5 years. The 2 gigawatts are part of SunEdison's larger plan to develop 15.2 gigawatts of renewable energy in the country by 2022.
"SunEdison is dedicated to furthering India's renewable energy program, and has committed to develop and construct 15.2 gigawatts of clean and cost effective wind and solar power projects in the country by 2022," stated Pashupathy Gopalan, SunEdison's president of Asia-Pacific and Sub-Saharan Africa. "With this memorandum of understanding, we are expressing our support for Tamil Nadu's clean energy future, and are making progress towards our larger commitment."
Mr. Gopalan signed the document at the Tamil Nadu Global Investors Meet at the Chennai Trade Center with Hon'ble Tamil Nadu Chief Minister, Ms. Jayalalithaa.
About SunEdison
SunEdison is the largest global renewable energy development company and is transforming the way energy is generated, distributed, and owned around the world. The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world's largest renewable energy asset managers and provides customers with asset management, operations and maintenance, monitoring and reporting services. Corporate headquarters are in the United States with additional offices and technology manufacturing around the world. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE." To learn more visit www.sunedison.com.
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